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timama [110]
3 years ago
5

Suppose you're pitching in a softball game and facing a good hitter. you remember that you struck her out with a fastball the la

st time she was up. you also remember that your coach told you to always try to be unpredictable, so you decide to throw a curve ball this time. in making this decision, you are primarily using your ________.
Business
1 answer:
WARRIOR [948]3 years ago
8 0
<span>When you make this decision, you are primarily using your critical thinking. You are using information you were given in the past and applying it to future events.</span>
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Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,000. Paid $109,000 cash for a
adoni [48]

Answer:

$443,400

Explanation:

The computation of cash flows from investing activities is shown below:-

For computing the cash flows from investing activities we need to find out first the Sale of equipment

= $84,000 - $34,000

= $50,000

Net cash paid by investing activities = Sale of equipment - Purchase of new truck + Sale of land + Sale of Long-term investments

= $50,000 - $109,000 + $410,000 + $94,200

= $443,400

3 0
3 years ago
Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,
Firdavs [7]

<u>The total amount of deductions Marc and Michelle are going to get is $24750.  </u>

<u>The taxable income of Marc and Michelle is $47750. </u>

Further Explanation:  

Income Tax: It is the additional charge on an individual’s income which he/she needs to pay to the government. The taxable income is calculated by adding all the incomes and deducting all the deductions which an individual can claim on his/her income.  

Compute the total amount of deductions available for Marc and Michelle:  

Total Deduction Available

= Higher of Standard Deduction for MJF and Itemized Deduction + Personal and Dependency  Exemptions  

= Higher of $12600 and $6000 + $12150 ($4050×3)  

= $12600 + $12150  

=$24750.  

<u>Therefore, the total deductions available to Marc and Michelle are $24750. </u>

<u />

Gross Income of Marc and Michelle

= Salary of Marc + Salary of Michelle + Interest Earned on Corporate Bonds  

= $64000 + $12000 + 500  

= $76500.  

Total Taxable Income of Marc and Michelle

= Gross Income – Qualified Moving Expenses – Alimony Paid – Total Deductions  

= $76500 - $2500 - $1500 - $$24750  

= $47750.  

<u>Therefore, the total taxable income of Marc and Michelle is $47750. </u>

<u />

Learn More:  

1.      Learn more about the tax on the profit from selling the fixed assets  

brainly.com/question/2617534  

2.      Learn more about the personal tax  

brainly.com/question/1762937  

3.      Learn more about the role of money  

brainly.com/question/12984919  

Answer details:  

Grade: Senior School  

Subject: Taxation  

Chapter: Income Tax  

Keywords: Taxable income, Marc and Michelle, Deductions, salary income, earned, corporate bond interest, interest on municipal bond, standard deductions, US tax brackets.

4 0
3 years ago
Read 2 more answers
Which element of a command economy is also used in a mixed economy
Neko [114]

Answer:

Governments can regulate businesses

Explanation:

I hope that this helped :)

6 0
3 years ago
Read 2 more answers
On December 31 of the current year, the assets and liabilities of Tree, Inc. are as follows: Cash $30,000; Supplies, $600; Equip
sdas [7]

Answer:

$32,100

Explanation:

We know that

Total assets = Total liabilities + Shareholder equity

Where,

Total assets = Cash + supplies + equipment

                    = $30,000 + $600 + $10,000

                    = $40,600

And, the total liabilities would be

= Account payable

= $8,500

So, the amount of equity would be

= $40,600 - $8,500

= $32,100

4 0
3 years ago
Tax breaks, loans, and guaranteed high prices are examples of what type of protectionism?
timurjin [86]

Tax breaks, loans, and guaranteed high prices are examples of subsidies protectionism.

<u>What is Protectionism?</u>

Protectionism refers to government policies that help to boost domestic industries while restricting international trade. The objective of protectionist policies is usually to improve the economic conditions within a domestic economy. The protectionist policies can also be implemented for improving the quality of products or safety concerns. There are different protectionist policies and tools that a government can use to implement and improve economic activity such as tariffs, product standards, import quotas, and subsidies.

Therefore, tax breaks, guaranteed high prices, and loans are examples of subsidies protectionism.

You can learn more about Protectionism at brainly.com/question/28161107

#SPJ4

4 0
2 years ago
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